[Software] Continental strengthens software expertise with new development center in China

[Shyloo]

Continental strengthens software expertise with new development center in China

 

“With this step, we are programming our organization for increased growth in China as the world’s largest automotive market. The key to success there is local value creation, which we are constantly increasing. Roughly one in ten Continental employees currently works in China, and they will be joined by a low triple-digit number of software and IT experts at our new development center by the end of 2021,” said Continental CEO Nikolai Setzer about the company’s latest strategic move. He added: “We are at the forefront when it comes to software, employing around 20,000 software and IT specialists worldwide and operating our own software academy. With the addition of Chongqing, we are further consolidating our global network of development centers and gaining even more expertise.”

Without software, functions in modern vehicle concepts are unable to interact
Vehicles of the future are intelligent and smart in that their components, systems and programs communicate with each other – constantly, quickly and securely. To do so, they must have a high degree of connectivity and automation, which is increasingly being made possible by versatile software applications. According to forecasts by a renowned consulting firm, global automotive software sales will multiply from $20 billion in 2019 to $50 billion in 2030 and China will be the largest market, accounting for around 34 percent of electronics and software revenue.